Best SBA lenders

The best SBA lenders, by the data

The most active SBA 7(a) and 504 lenders, ranked by funded volume and charge-off track record. Our ranking comes straight from the public SBA data, not from who pays us.

By Mario Bailey · Source: SBA FOIA 7(a) and 504 data, as of 2026-03-31

How we rank. By total funded SBA volume in the public data, with each lender's charge-off rate shown so you can weigh activity against track record. "Most active" is not the same as "best for you"; the right lender depends on your state, industry, and loan size.

Top 25 SBA lenders by funded volume

#	Lender	7(a) and 504 volume	Charge-off
1	Live Oak Banking Company	$13.3B	0.3%
2	The Huntington National Bank	$10.8B	1.3%
3	Mortgage Capital Development Corporation	$6.4B	0.1%
4	Newtek Bank, National Association	$5.3B	0.0%
5	CDC Small Business Finance Corp.	$5.2B	1.9%
6	Florida Business Development Corporation	$4.4B	0.0%
7	Readycap Lending, LLC	$4.3B	0.9%
8	U.S. Bank, National Association	$4.2B	2.2%
9	Empire State Certified Development Corporation	$4.2B	0.0%
10	Florida First Capital Finance Corporation, Inc.	$4.0B	0.0%
11	Celtic Bank Corporation	$3.8B	1.3%
12	Byline Bank	$3.6B	0.9%
13	Business Finance Capital	$3.4B	0.0%
14	Wells Fargo Bank National Association	$3.3B	4.2%
15	California Statewide Certified Development Corporation	$2.9B	0.0%
16	Newtek Small Business Finance, Inc.	$2.9B	0.6%
17	Mountain West Small Business Finance	$2.8B	0.0%
18	WBD, Inc.	$2.6B	0.0%
19	Small Business Growth Corporation	$2.6B	0.0%
20	TD Bank, National Association	$2.5B	5.1%
21	Harvest Small Business Finance, LLC	$2.4B	0.0%
22	First Internet Bank of Indiana	$2.4B	1.5%
23	GBank	$2.2B	0.1%
24	Capital Certified Development Corporation	$2.2B	0.1%
25	JPMorgan Chase Bank, National Association	$2.2B	2.5%

How to pick the right one

The biggest lenders are fast and experienced with SBA paperwork, but a lender active in your state and industry often matters more. Use Lender Match to see the lenders that actually fund businesses like yours, and read how to choose an SBA lender.

Best SBA lenders by state and industry

Lending is local. See the most active lenders where you are and in your line of work: by state and by industry.

Ready to apply for an SBA loan?

Shortlist lenders with a strong track record in your state and industry, then get matched with SBA-approved lenders that fund businesses like yours.

Get matched with lenders

Method and disclaimer. Ranking is by funded volume in the public SBA FOIA 7(a) and 504 data (as of 2026-03-31); see our methodology. Charge-off rate is not a lifetime default rate. SBA Loan Index is not affiliated with the SBA and is not a lender, broker, or financial advisor.